11.
Some growth forecasts for Indian auto industry• The Passenger Vehicle market of India will even cross Japan by selling about 5 million Vehicles by 2017-18.• The Indian auto exports will be upto $5.62 billion in the year ending March 2011 and the same will grow to $17.64 billion in 2015-16.• India’s share in global auto exports may also triple by 2016.• India’s passenger vehicle production projections : In 2010 – 2.6 million Vehicles By 2015 – 5.1 million Vehicles By 2020 – 9.7 million Vehicles Sources : -SIAM, ACMA & FICCI

18.
Investment plan of automobile industry Auto Industry is expected to invest up to Rs 80,000 crore in fresh capacity in the nextfour years.• Major investments will be done by :-A.) Tata motors - Rs 8,000 Crore.B.) Maruti Suzuki – Rs 3800 CroresC.) Daimler India - Rs 3,500 Crore.D.) Toyota - Rs 3200 Crores. These investments by automakers is set to trigger expansion of capacities by componentsuppliers and the components industry will also invest Rs 54000 crores up to the end of2011.